Tata Power inks deal for 1,125 MW Bhutan hydro project

Tata Power has signed commercial agreements with Druk Green Power Corporation Limited (DGPC) to implement the 1,125 MW Dorjilung Hydroelectric Power Project in Bhutan. The project, costing ₹13,100 crore, will be Bhutan's second-largest hydropower project and its biggest Public-Private Partnership (PPP) hydro project.

Tata Power will make an equity investment of approximately ₹1,572 crore for its 40% stake in the Special Purpose Vehicle (SPV), with DGPC holding 60%. The Dorjilung project, located on the Kurichhu River, is expected to be commissioned by September 2031. Upon completion, 80% of its generation will supply India, supporting regional energy security and clean power. This project builds on Tata Power's existing partnerships with DGPC in other hydropower projects, advancing their goal of developing 5,000 MW of clean energy capacity in Bhutan.